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Dec 1, 2012
12/12
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thing, we're just going do it with closing exemptions or eliminates exemptions and that is what mitt romney ran on. i think barack obama is showing a different side of negotiation than he has in the past. he has been criticized by many, including me on occasion for give ago way the store. >> from his left. >> from his left. i mean but on his health-care bill, brought in farm aid, brought in all the drug companies and said okay, we're not going to invest with you. you support this. and gave away-- first the negotiations on the debt ceiling. the same thing, he was negotiating with medicare cuts right at the outset. and people say wait a minute, so here he comes in, he shows a little spine, a little steel, and this is what i said i was going to do, in the waive increases. they say wait, what about these medicare cuts. 9 only people that brought up medicare cuts were the republican was talked about obama was going to cut $716 billion so now we're in a situation where nobody wants his or her fingerprints on the medicare cuts. >> uh-huh. >> okay. the medicare cuts, i can assure you, and this is g
thing, we're just going do it with closing exemptions or eliminates exemptions and that is what mitt romney ran on. i think barack obama is showing a different side of negotiation than he has in the past. he has been criticized by many, including me on occasion for give ago way the store. >> from his left. >> from his left. i mean but on his health-care bill, brought in farm aid, brought in all the drug companies and said okay, we're not going to invest with you. you support this....
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Dec 7, 2012
12/12
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finance reports show president obama's re-election team raced just north of $1.1 billion while team romney raised just under $1.1 billion. that story is the topic of our gut check on this friday. what does your gut tell you? is a $2 billion election too expensive? go to facebook.com/newsnation to vote. that will do it for this friday edition of "news nation." i'm craig melvin. "the cycle" is up next. oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. let's see if we can get the same item at walmart for less? okay. fijit friends. fifteen bucks on rollback. wow! that's a savings of over 29 bucks! twenty-nine bucks!!?? and they're powered by friendship. see for yourself if you co
finance reports show president obama's re-election team raced just north of $1.1 billion while team romney raised just under $1.1 billion. that story is the topic of our gut check on this friday. what does your gut tell you? is a $2 billion election too expensive? go to facebook.com/newsnation to vote. that will do it for this friday edition of "news nation." i'm craig melvin. "the cycle" is up next. oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no...
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Dec 7, 2012
12/12
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it appeared in mitt romney's plan. and that caught the eye of a politician. he said he he has demonstrated when he stepped into government that he could work in a difficult environment, take good ideas like private health insurance and apply them to the need to have everyone insured. they came up with the idea an alternative and they made it the law in massachusetts and got democrats to embrace it. for a think tank that is the dream. today both the foundation and the new president agree that the individual mandate is not just bad policy, it is terrible no good constitutional policy. their idea. now horrible and only judged that way until they began endorsing it. flip-flopping to try and make health care reform. i don't want to call it his job, but it is not shocking. it is what you do. but it is not what you do if you are a think tank. his ascension to the head of the foundation is both a perfect match and a disturbing one. they are where the politicians get their ideas and where the media figures look to get an informed take on whether something make sense o
it appeared in mitt romney's plan. and that caught the eye of a politician. he said he he has demonstrated when he stepped into government that he could work in a difficult environment, take good ideas like private health insurance and apply them to the need to have everyone insured. they came up with the idea an alternative and they made it the law in massachusetts and got democrats to embrace it. for a think tank that is the dream. today both the foundation and the new president agree that...
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Nov 29, 2012
11/12
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and on the sidelines, the president hosted his defeated rival, mitt romney, at a private lunch today. mr. obama travels to suburban philadelphia tomorrow, pressing to raise taxes on top earners, but keep tax cuts for everyone else. wall street initially fell after house speaker boehner said there'd been no progress on a fiscal cliff deal. but stocks rose later, on news that the economy grew at an annual rate of 2.7% in the third quarter. the dow jones industrial average gained more than 36 points to close well above 13,021. the nasdaq rose 20 points to close at 3,012. the united nations general assembly voted today to recognize palestine as a non- member observer state. the tally was 138 to nine, with 41 abstentions. the u.s. voted no. it came after palestinian president mahmoud abbas appealed to the world body to issue the birth certificate of palestine. >> we did not come here seeking to delegitimize a state established years ago, and that is israel. rather, we came to affirm the legitimacy of a state that must now achieve its independence, and this is palestine. >> sreenivasan: pal
and on the sidelines, the president hosted his defeated rival, mitt romney, at a private lunch today. mr. obama travels to suburban philadelphia tomorrow, pressing to raise taxes on top earners, but keep tax cuts for everyone else. wall street initially fell after house speaker boehner said there'd been no progress on a fiscal cliff deal. but stocks rose later, on news that the economy grew at an annual rate of 2.7% in the third quarter. the dow jones industrial average gained more than 36...
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Dec 2, 2012
12/12
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you know, it was the big issue between him and romney and they said just as he had to cave after your victory in the 2010 mid-terms, now it's your turn to cave on tax rates. >> listen, what's the difference where the money comes from? we put $800 billion worth of revenue, which is what he's asking for, out of eliminating the top two tax rates. but here's the problem, chris. when you go and increase tax rates, you make it more difficult for our economy to grow. half of that income is small business income. it's going to get taxed at a higher rate. as a result we are going to see slower economic growth. we aren't going to be able to cut our way out of this problem, nor can we just grow our way out of the problem. we have to have a balanced approach. what the president wants to do is slow our economy at a time he wants the economy to grow and create jobs. >> the white house says that while you have given this kind of talk about, well, let's close loopholes, let's limit deductions, you haven't offered any specifics, have you? >> we've laid it all out for him a dozen different ways you can
you know, it was the big issue between him and romney and they said just as he had to cave after your victory in the 2010 mid-terms, now it's your turn to cave on tax rates. >> listen, what's the difference where the money comes from? we put $800 billion worth of revenue, which is what he's asking for, out of eliminating the top two tax rates. but here's the problem, chris. when you go and increase tax rates, you make it more difficult for our economy to grow. half of that income is small...
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Dec 7, 2012
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obama won the battleground state of virginia 51% to 48% over mitt romney. his victory was helped by taking 56% of the vote in the states southeast tidewater region that is home to norfolk. here, where streets like this are frequently under water, some people are hoping the election means political debate about climate change may be over. >> in the last month, this neighborhood has flooded three times. >> reporter: skip stiles heads wetlands watch, a local environmental group that works throughout the state. he took us to another vulnerable area downtown. >> this is an old apartment building. it has been here since 1904. so the abstract notion that we have had a foot of sea level rise in last 100 years. you can mark it against this building. we had a nor'easter in 2006 that came about here, about where sandy came. if you think about it 100 years ago that would be a foot and a half down, it wouldn't even have touched this building. problem is 100 years going forward, if you go up three feet, in 100 years this middle of the road nor'easter is suddenly as high
obama won the battleground state of virginia 51% to 48% over mitt romney. his victory was helped by taking 56% of the vote in the states southeast tidewater region that is home to norfolk. here, where streets like this are frequently under water, some people are hoping the election means political debate about climate change may be over. >> in the last month, this neighborhood has flooded three times. >> reporter: skip stiles heads wetlands watch, a local environmental group that...
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Dec 4, 2012
12/12
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he was a big supporter of romney. there were stories going around that you said, dad, pull it back a bit. you don't have to be so negative on the president. is that what happened? >> it was fascinating because this was a widely circulated report that was without fact at all, and not one reporter actually called and asked the question you just did, which is, is that true? no, it wasn't. my father has been a very important part of the dialogue. he's been saying a lot of things that other people, you know, not wanting to be in a space where they're talking about politics, they don't see it as advantageous. they're not really speaking their minds. it would not be my place to tell him to tone anything down. >> are you worried about the fiscal cliff? how is business going? you're an entrepreneur in your own right. i want to talk to you about business, but how you preparing for the cliff? >> well, there's no way one can be preparing. you have to be think about uncertainty as you make your investment decision. in terms of fis
he was a big supporter of romney. there were stories going around that you said, dad, pull it back a bit. you don't have to be so negative on the president. is that what happened? >> it was fascinating because this was a widely circulated report that was without fact at all, and not one reporter actually called and asked the question you just did, which is, is that true? no, it wasn't. my father has been a very important part of the dialogue. he's been saying a lot of things that other...
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Dec 6, 2012
12/12
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but those three points didn't go to mitt romney or republicans, because those three points said, we don't know republicans. we don't have relationships with with them. so, we'll just stay home. i submit to you they probably stayed home. they didn't vote for republicans. >> so, but how do you get african-americans, a group that is so traditionally identified as democratic -- or latinos, 71% voted for the president. 73% of asian voters and the stereotype of asian voters is different for african-american or hispanic voters. they're all voting democratic. what is is it about the republican party that could possibly win these people over? >> well, erin, the fact is, and i've said this publicly before, i don't allow the republican party to lead me on issues that i thought were important to the black community. and that's not to say that the black community agree with me on everything. but i tell you what, when i was in congress, i want historical black colleges and universities to have a seat at the republican table, so i had conferences every year for them. i wanted black small business owners
but those three points didn't go to mitt romney or republicans, because those three points said, we don't know republicans. we don't have relationships with with them. so, we'll just stay home. i submit to you they probably stayed home. they didn't vote for republicans. >> so, but how do you get african-americans, a group that is so traditionally identified as democratic -- or latinos, 71% voted for the president. 73% of asian voters and the stereotype of asian voters is different for...
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Dec 3, 2012
12/12
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i mean ryan -- with the ryan/romney ads were downright hypocritical and the president has greater political strength coming out of this and he's got his own plan and he's been specific on his own terms and i think when geithner sits around uttering the same talking point over and over again about tell us what you're talking about, i think it's a fair thing to do. i think the president has a political strength right now to force the republicans to offer their own very unpopular -- >> we'll see. that's what's going to get played out over the next few weeks. >> it's chicken. >> he has more leverage. doesn't have all the leverage. >> he sass some. >> he's coming out strong. >> what leverage do the republicans -- i mean yes, they have some. >> they control the house. >> yes. >> that is the fact. >> but -- the reason that john boehner doesn't have very much leverage in these discussions is he doesn't really control his own caucus. >> that's true. >> and he's not a terribly reliable negotiating partner. >> john boehner does have within his caucus a certain number of votes in his pocket that will w
i mean ryan -- with the ryan/romney ads were downright hypocritical and the president has greater political strength coming out of this and he's got his own plan and he's been specific on his own terms and i think when geithner sits around uttering the same talking point over and over again about tell us what you're talking about, i think it's a fair thing to do. i think the president has a political strength right now to force the republicans to offer their own very unpopular -- >> we'll...
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Dec 1, 2012
12/12
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and the fact that even paul ryan and mitt romney ran away from entitlement cuts in paul ryan's budget in the last election i think is a sign of where the american public is. they do want the rich to pay their fair share in taxes, but they really don't like a lot of the entitlement cuts. >> that's a fair point. that's a fair point. >> the entitlements affect everybody, to some extent. >> look. in response to what you were just saying about the fact these savings don't really kick in for ten years. that say legitimate point. look what we did in 1982. tip o'neil sat down with the most conservative president and one of the most liberal speakers of the house. when they reached that deal, today, we are reaping huge savings from that, so those savings ten years, 20 years, 30 years from now, those are going to be enormous. the problem is we keep punting every time we come to this and the most important factor in the budget is the fact that we got 80 million baby boomers that will be retiring in the next 20 years. >> as we found out, new immigrants aren't having as many kids so who is going to
and the fact that even paul ryan and mitt romney ran away from entitlement cuts in paul ryan's budget in the last election i think is a sign of where the american public is. they do want the rich to pay their fair share in taxes, but they really don't like a lot of the entitlement cuts. >> that's a fair point. that's a fair point. >> the entitlements affect everybody, to some extent. >> look. in response to what you were just saying about the fact these savings don't really...
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Nov 29, 2012
11/12
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you were a romney supporter. do you have to change your strategy now that we know we have president obama for the next four years? he's got a much different mentality. >> i'm a social liberal fiscal conservative. my party doesn't really exist. i thought if the nation got burr rid under trillions of debt, there would be nothing to talk about. we wouldn't have a social agenda. >> we're close to it. >> 16 on our way to 20. then you lose options. you go over an edge where you're only services debt. today our interest expense is like $120 billion or so. 4% on $20 is $500 billion. that overwhelms all the discretionary spending. somebody has to get serious in washington. i'm hoping obama is coming to be a great president, which has come to the center. he inherited a bad economy. there's no doubt, right? but we haven't made a lot of progress. we haven't given business a lot of confidence. we have $1 trillion -- >> antagonistic with business. >> we would call it antagonistic. a lot of listening but not a lot of hearing. i
you were a romney supporter. do you have to change your strategy now that we know we have president obama for the next four years? he's got a much different mentality. >> i'm a social liberal fiscal conservative. my party doesn't really exist. i thought if the nation got burr rid under trillions of debt, there would be nothing to talk about. we wouldn't have a social agenda. >> we're close to it. >> 16 on our way to 20. then you lose options. you go over an edge where you're...
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Dec 4, 2012
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ashleigh that roger ailes had dinner with most of the prospective presidential candidates including mitt romney and he gave him some advice about loosening up on the air. so even though he runs a major news channel, roger ailes was a backbattleground in republican politics, he can't resist dabbling in the political game. >> but to suggest a news organization might need some guidance on how to tailor what they're going on the air? >> i don't know if mcfarland was carrying a message from ailes or not. petraeus interestingly enough said fox seemed to turn against the war in afghanistan after it became obama's war, in other words when it was no longary war being prosecuted by george w. bush. more interesting to me is the noths that ailes supposedly according to mcfarland on this tape trying to entice petraeus into the presidential race saying, you should quit unless obama offers you to be the chairman of the joint chiefs of staff. you should quit. you should run. i might leave fox and run your campaign. i don't think he would actually do that, but the idea that rupert murdoch might bankroll a petra
ashleigh that roger ailes had dinner with most of the prospective presidential candidates including mitt romney and he gave him some advice about loosening up on the air. so even though he runs a major news channel, roger ailes was a backbattleground in republican politics, he can't resist dabbling in the political game. >> but to suggest a news organization might need some guidance on how to tailor what they're going on the air? >> i don't know if mcfarland was carrying a message...
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Dec 7, 2012
12/12
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tally put the cost at $2 billion which includes $86 million raised by mitt romney. a computer glitch delayed, president obama's final number, "the washington post" reports. the spokesman says that the president raised $1.1 billion. >> think what else the money could have gone toward in the tight times. >>> despite loud objections, republicans in michigan managed to push right to work measures through the legislature. hundred of union supporters protested. some who tried storming the senate chamber, were pepper sprayed. the legislation bans unions from requiring nonunion employees to pay fees. supporters say the move will add jobs, opponents though say it weakens unions, and harms workers. >>> and speak of labor issue, it ain't looking good for a dl ealo end the nhl lockout. the players union chief held two news conferences last night first to say there was progress in major issue. in the second, hejected everyth union offered. there is no drop dead date to start the season. but time clearly seems to be running short. fiscal cliff, no hockey. what is wrong? come on,
tally put the cost at $2 billion which includes $86 million raised by mitt romney. a computer glitch delayed, president obama's final number, "the washington post" reports. the spokesman says that the president raised $1.1 billion. >> think what else the money could have gone toward in the tight times. >>> despite loud objections, republicans in michigan managed to push right to work measures through the legislature. hundred of union supporters protested. some who tried...
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Dec 5, 2012
12/12
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in any event, if it was attention he was looking for, he definitely got it although the romney tattoo will soon fade into nothing but a cheeky memory, eric's place on the "ridiculist," that i promise you, is permanent. that does it for us. see you again one hour from now. another edition of "360" at 10:00 eastern. "piers morgan tonight" starts right now. >>> tonight, is it getting hot in here? it's not your imagination. the world is warming up but why. bill nye, the science guy, takes on global warming scoffer mark morano. >> this will be the hottest two decades in recorded history. >> bill nye has a bunch of scary predictions. >> plus the b word. bipartisan. everybody is talking about hands across the aisle in washington. do they really want to sever them? >> they are going to create people to come together on this and get it done. >> none of us want to see taxes on middle class folks go up. >> the president is very determined to try to prevent us from going over the fiscal cliff. >> those three guys are here live. and the man who shut down the government under bill clinton. what new
in any event, if it was attention he was looking for, he definitely got it although the romney tattoo will soon fade into nothing but a cheeky memory, eric's place on the "ridiculist," that i promise you, is permanent. that does it for us. see you again one hour from now. another edition of "360" at 10:00 eastern. "piers morgan tonight" starts right now. >>> tonight, is it getting hot in here? it's not your imagination. the world is warming up but why....
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Dec 7, 2012
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. >> i don't -- do i look like mitt romney to you. i don't have $10,000 in my wallet. >> like the guys from trading places. >> he's going to be back on here and when a deal is made there's going to be greenery behind him, closer to christmas, that's how these deals happen, they happen fast at the last minute. >> you think pre-christmas. >> probably 24th, 23rd in there. >> i think after the 27th. >> maybe after the 27th. i think before. because they want to get out of town and don't want to come back. these deals happen at the last minute, when the pressure is the highest. it's an idiotic way to govern ourselves, make the market unhappy but they're going to get out of deal. tax rates will go up. republicans might let a vote go through on a bill that, you know, extends all the middle-class tax cuts, lets the top 2% expire. say it's a democrat bill, democrats mainly supported it with moderate republicans and senate approve that and throw in unemployment benefits and other stuff. >> and john boehner can't afford to say there's progress be
. >> i don't -- do i look like mitt romney to you. i don't have $10,000 in my wallet. >> like the guys from trading places. >> he's going to be back on here and when a deal is made there's going to be greenery behind him, closer to christmas, that's how these deals happen, they happen fast at the last minute. >> you think pre-christmas. >> probably 24th, 23rd in there. >> i think after the 27th. >> maybe after the 27th. i think before. because they want...
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Dec 7, 2012
12/12
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romney's comments that 47% of the population did not pay income tax, and then it was pointed out that many of these people are retirees, some of them are soldiers fighting overseas. it is true that some people who did not make a lot of money do not owe income tax, in part because they get tax credits like the earned income tax credit, which outweighs the tax liability they have. even the poor, they pay a percentage of their income and payroll taxes. if you only look at income taxes, under a lot of people who do not pay income taxes, but almost everybody pays a lot of money in payroll taxes and sales taxes and state and local taxes and property taxes. it adds up even if they're not paying income tax. host: how would you compare the current talks to july 2011 and the debt limit, fiscal cliff, sequestration -- guest: the debt limit talks definitely set the stage for this. they were not completely without value. i get the sense it is a lot more serious now. it has almost been like a year- and-a-half long negotiation. with the real deadline being the expiration of the bush tax cuts at the
romney's comments that 47% of the population did not pay income tax, and then it was pointed out that many of these people are retirees, some of them are soldiers fighting overseas. it is true that some people who did not make a lot of money do not owe income tax, in part because they get tax credits like the earned income tax credit, which outweighs the tax liability they have. even the poor, they pay a percentage of their income and payroll taxes. if you only look at income taxes, under a lot...
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Dec 3, 2012
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cuts that were actually enacted as part of medicare, we had a presidential campaign, and here was mitt romney's ad, targeting the president. this is what he did. >> you paid into medicare for years. every paycheck. now when you need it, obama has cut $716 billion from medicare. >> now, those were not benefit cuts. those were provider payments. so if you're the president, why specify what cuts you're going to make in medicare if that's the treatment that republicans will give you? >> well, until we get to entitlements, we're really not having a serious discussion. david, all of us know what the options are. they are not going to get more narrow as -- i mean, they are going to get more narrow as time goes on and more draconian. what you're talking about is where we solve this fiscal cliff by creating another fiscal cliff down the road is totally immature. it lacks political courage. we know what needs to be done, and let's get it done over the next three weeks. the options are not going to change. >> would you call on your party not to mount that sort of opposition to the president if he specifie
cuts that were actually enacted as part of medicare, we had a presidential campaign, and here was mitt romney's ad, targeting the president. this is what he did. >> you paid into medicare for years. every paycheck. now when you need it, obama has cut $716 billion from medicare. >> now, those were not benefit cuts. those were provider payments. so if you're the president, why specify what cuts you're going to make in medicare if that's the treatment that republicans will give you?...
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Dec 7, 2012
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every month during the came pame we talked about whether this was good or bad for the president or mitt romney. what about right now, mark, with what the president is trying to do, 9 fiscal cliff, other issues s this a factor? >> i think it's probably a disincentive about not reaching a deal. i mean i think this adds a little sense of urgency of the economy is precarious. and therefore we don't need to test it by putting it in a further stress test of not having some sort of resolution of the current dilemma. >> what about the fiscal live? i mean where does everything stand? we had speaker boehner come out today and say no progress. >> yeah, i think that was just the public show. i think there has been progress. not substantive progress but atmosphere progress. i think the republican party, i think the house republicans have rallied around speaker boehner. the ones troublesome for him a year and a half ago have essentially said you cut the deal, we'll go along with you. you have our support. so that is a big gift of flexibility to boehner. and i think it's an acceptance of the reality that rat
every month during the came pame we talked about whether this was good or bad for the president or mitt romney. what about right now, mark, with what the president is trying to do, 9 fiscal cliff, other issues s this a factor? >> i think it's probably a disincentive about not reaching a deal. i mean i think this adds a little sense of urgency of the economy is precarious. and therefore we don't need to test it by putting it in a further stress test of not having some sort of resolution of...
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>> first of all, if you remember well, stuart, mitt romney and the republicans beat up on president obama for the last three years for cutting medicare at $716 billion. he has already showed he is willing to take a big bite out of a major entitlement program. stuart: hold on a second. i do remember it. that is not reform. that is not reforming the structure of entitlement programs. that is the issue. >> i think the focus has been on medicare. the attention now needs to be on medicare inside the aca. there were large structural reforms in the way healthcare was playing out. in fact, last year, we had a slower rate of growth and health care spending that we have had in quite a time. whether president has proposed is part of the current negotiations is another $300 billion cut in medicare. stuart: that is a cut. you do understand, that what we really -- >> stuart, that just is not true. we have not seen them play out. certainly, we will have to be coming back every year. usually, through a committee process where people vote at the end of the day. the republicans decided to take another cour
>> first of all, if you remember well, stuart, mitt romney and the republicans beat up on president obama for the last three years for cutting medicare at $716 billion. he has already showed he is willing to take a big bite out of a major entitlement program. stuart: hold on a second. i do remember it. that is not reform. that is not reforming the structure of entitlement programs. that is the issue. >> i think the focus has been on medicare. the attention now needs to be on...
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Dec 3, 2012
12/12
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the president campaigned on raising tax rates, you know, and it was the big issue, between him and romney, and, they say, just as he had to cave, after your victory, in the 2010 midterms, now, it is your turn to cave on tax rates. >> what is this difference where the money comes from? we put $800 billion worth of revenue, what he is asking for, out of eliminating the top two tax rates. but, here's the problem, chris: when you go and increase tax rates, you make it more difficult for our economy to go, after that income, the small business income, it is going to get tackxed at a higher rate an as a result we'll see slower economic growth, we can't cut or grow our way out of the problem, we have to have a balanced approach and the president wants to slow or economy at a time when he says he wants the economy to grow and create jobs. >> chris: the white house says that while you have given this kind of talk, about, well, let's close loopholes and limit deductions, you have not offered any specifics, have you. >> we have laid it all out for them, a dozen ways to raise the revenue from the ric
the president campaigned on raising tax rates, you know, and it was the big issue, between him and romney, and, they say, just as he had to cave, after your victory, in the 2010 midterms, now, it is your turn to cave on tax rates. >> what is this difference where the money comes from? we put $800 billion worth of revenue, what he is asking for, out of eliminating the top two tax rates. but, here's the problem, chris: when you go and increase tax rates, you make it more difficult for our...
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Dec 5, 2012
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ryan and marco rubio already appear to be hitting on themes that seem to distance themselves from mitt romney's toxic comments on people who receive government assistance. >> both parties tend to divide americans into our voters and their voters. let's be really clear. republicans must steer far clear of that trap. >> i've heard it suggested that the problem is, that the american people have changed. too many people want things from government. but i'm still convinced that the overwhelming majority of our people want what my parents had, a chance. >> reporter: republican strategists say their candidacies could help hit the gop reset button and give hillary clinton a serious challenge. >> does she scare republicans? >> i think she energizes republicans. what we're seeing right now are some very positive numbers for hillary clinton now. she's been out of the political fray for four years. when she becomes a politician again, if she goes into the political fray, into that ring, the gloves are off and the bell is ringing. >> unlike her last run in 20078 which went all the way through every democrat
ryan and marco rubio already appear to be hitting on themes that seem to distance themselves from mitt romney's toxic comments on people who receive government assistance. >> both parties tend to divide americans into our voters and their voters. let's be really clear. republicans must steer far clear of that trap. >> i've heard it suggested that the problem is, that the american people have changed. too many people want things from government. but i'm still convinced that the...
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if republicans do this, they might as well get mitt romney's 47% comments printed on t-shirts and wear them for the rest of their lives. so republicans have to realize that they are going to cave on tax rates. the only question is what they get in return. what they get should demand -- what they should demand is this, that the year 2013 will be spent putting together a pro-growth tax and entitlement reform package that will put this country on a sound financial footing through 2040. what's wrong with that? >> nothing's wrong with that. but can anybody do it? is the art of the deal dead in washington? that's the question. >> very good, mike barnicle. >> not to shock you, mika, i disagree. don't cave, compromise. and if not willing to compromise -- >> yes, that's the difference. >> if they're not willing to compromise, don't cave. >> republicans that won in their districts, landslides, they can stare down the president and just wait. don't wait, but do compromise. and there's no sense this president wants to compromise. and right now, there's no sense that republican leaders actually wan
if republicans do this, they might as well get mitt romney's 47% comments printed on t-shirts and wear them for the rest of their lives. so republicans have to realize that they are going to cave on tax rates. the only question is what they get in return. what they get should demand -- what they should demand is this, that the year 2013 will be spent putting together a pro-growth tax and entitlement reform package that will put this country on a sound financial footing through 2040. what's...
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but this was something that was hotly disputed within the romney campaign. he really let this stuff go because the romney campaign had some very big givers that were chemical companies. >> do we know, say, very bad, how much will prices conceivableably go up if we become an exporter of natural gas? is it that great a difference? >> we burn offer more natural gas than we use. burn off, in other words literally, you see those flames, we flare more than we use. so we got a real excess of this stuff. >> the government says that the -- 6.6% of current u.s. consumption. >> why would prices move that dramatically at all? wouldn't they just come down globally? >> the average, our $16 goes to $4. it costs $7 to get stuff from the united states. >> you should argue that they should go down because they went be the only one. dominion has brooif cove, that's the one that's most ready to go. the gorgon numbers, this is the gigantic l & e experts. it's not going to cost $60 billion. these plants cost a fortune, they put a lot of people to work. i think that this is the op
but this was something that was hotly disputed within the romney campaign. he really let this stuff go because the romney campaign had some very big givers that were chemical companies. >> do we know, say, very bad, how much will prices conceivableably go up if we become an exporter of natural gas? is it that great a difference? >> we burn offer more natural gas than we use. burn off, in other words literally, you see those flames, we flare more than we use. so we got a real excess...
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mitt romney gave away millions and millions of dollars. host: things like capital gains dividends and other things that benefit wealthier in comes? guest: the caplet gains and dividends is the classic break that benefits the wealthy. they think it is correct if they receive more than 90% of the benefit. people and the middle class get a little benefit from that break. the majority of the break goes to the wealthy. host: there is a recent story from politico. host: how significant of these deductions? guest: they can be important. the goal is to not get rid of the budget deficit. lots of people do not want to get rid of the budget deficit. they want to get it down to a manageable level. opinions differ. you can make a big dent through closing or reducing the loopholes. host: do you expect them to play a role? could they end up on the chopping block? guest: republicans have put them on the table. i think you probably will see some of both. this is a process that will go on for the better part of the next year. during that process, you will s
mitt romney gave away millions and millions of dollars. host: things like capital gains dividends and other things that benefit wealthier in comes? guest: the caplet gains and dividends is the classic break that benefits the wealthy. they think it is correct if they receive more than 90% of the benefit. people and the middle class get a little benefit from that break. the majority of the break goes to the wealthy. host: there is a recent story from politico. host: how significant of these...
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mitt romney's tax rate. those come up in that argument. listen, it may be certainly they wanted to do it before the end of the year. this having been a leverage buyout, they like to keep their leverage ratio pretty high. 4.5 times. then they generate cash flow and pay it down and go to capital markets and borrow another billion dollars and they pay two more dollars to their holders who continue to be some of the lbo firms that took it private. >> that's a game plan that works. >> it has worked well. >> rates are so low. why doesn't everybody do that? >> works well. as a former fully owned by private equity they are more comfortable with leverage than others are. >> a level of comfort that i find to be -- they are insensitive to the economy and they're a winner in obama care. 2014 begins and i'm picking numbers up. hca. even with this leverage. raising numbers, hca, 2014. i'm doing that right now. cramer firm is taking up numbers. >> you did it in your head. >> i did. i'm going to ask the sales force to go out with it and i think he can get
mitt romney's tax rate. those come up in that argument. listen, it may be certainly they wanted to do it before the end of the year. this having been a leverage buyout, they like to keep their leverage ratio pretty high. 4.5 times. then they generate cash flow and pay it down and go to capital markets and borrow another billion dollars and they pay two more dollars to their holders who continue to be some of the lbo firms that took it private. >> that's a game plan that works. >> it...
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eliminate all the deductions for charitable and home mortgage interest because you look at people like mitt romney and others don't pay 39%. look at warren buffett, he pays 15% for capital gains tax and there's no reason everybody in america shouldn't be able to pay the same rate that the rich like warren buffett do. the rich found out how to game the system. they take capital gains and not regular income. dennis: and a flat tax in all of that. thank you for being with us. have a good day. cheryl: always entertaining. despite the debate over the fiscal cliff and other problems facing us, the dow under 16 points right now. ways to play coming up. dennis: the netflix disney movie deal, we will tell you why netflix shareholders might want to turn some down. cheryl: ebay's plan to deliver the items that you really have to have now as in within the hour. dennis: and let's take a look at metal. i've been a superintendent for 30 some years at many diffent park service units across the united states. the only time i' ever had a break is when i was on maternity leave. i have retired from doing this one thi
eliminate all the deductions for charitable and home mortgage interest because you look at people like mitt romney and others don't pay 39%. look at warren buffett, he pays 15% for capital gains tax and there's no reason everybody in america shouldn't be able to pay the same rate that the rich like warren buffett do. the rich found out how to game the system. they take capital gains and not regular income. dennis: and a flat tax in all of that. thank you for being with us. have a good day....
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trillion deal over ten years would do more for job growth, quite honestly, for then anything governor romney or president obama talked about during the campaign. connell: you are really the leader of this. the gang of six and morphed into a bigger group. do you feel as involved now or are you somehow kind of saying to yourself, boy, i do not have a say at all anymore. >> is it that obvious on my face? it is pretty darn frustrating. i have spent two and a half years. there is a large overwhelming majority ready to do their part. i have been in a lot of negotiations over my business career. too many cooks in the kitchen making this. i can tell you this much, there is an awful lot of us who are willing to vote and give ideas to an idea that is big and broad. connell: revenue. we heard from the speaker a moment ago. it did not sound very encouraging. on revenue, you guys were where, just in terms of numbers on revenue? >> well, connell, here is where you listen with eyes glazed over, you assume that the top rates would go up and we would be able to do tax reform to come back down. we started wit
trillion deal over ten years would do more for job growth, quite honestly, for then anything governor romney or president obama talked about during the campaign. connell: you are really the leader of this. the gang of six and morphed into a bigger group. do you feel as involved now or are you somehow kind of saying to yourself, boy, i do not have a say at all anymore. >> is it that obvious on my face? it is pretty darn frustrating. i have spent two and a half years. there is a large...
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i believe that if governor romney talk about fiscal issues with real solutions and not had the social issues cloud the tenets of the campaign would of been very different and it is not always allow corley favorable but we are $16 trillion in debt and need real reform or for our country goes bankrupt. >> i agree with you on the dependency picture because the objective of the democrats over many decades certainly the current democratic party is to expand government as far as fast as possible, the object of of that is to expand dependency on government as fast as possible and the ultimate objective of that is to create permanent democrat voting majority. if they can get to the kids and lock them into dependency early then they have got them for life. >> absolutely. the college student loans. they're trying to make it easier and expansion and kids don't understand that their money has to come from somewhere. as one of my friends but i got my free obama money to go to school. it makes me sick because they don't understand it somebody has to pay for. kids overwhelmingly support free contrac
i believe that if governor romney talk about fiscal issues with real solutions and not had the social issues cloud the tenets of the campaign would of been very different and it is not always allow corley favorable but we are $16 trillion in debt and need real reform or for our country goes bankrupt. >> i agree with you on the dependency picture because the objective of the democrats over many decades certainly the current democratic party is to expand government as far as fast as...
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and at the even of the date president got millions more in the popular vote than romney because americans think by and large their wealthier neighbors and wealthier americans should be paying a fairer share. it's not fair when you have the wealthiest among us paying a lower effective tax rate. megyn: is the media -- the media has been focused on the tax hikes and whether president obama is going to get them and not focused on spending cuts. is that because the republicans and the president agree the middle class needs those tax cuts and should get them. the only thing they disagree on is whether the rich should also have tax cuts given to them. the left is say we agreet middle class should get the tax cuts. so let's give them to them. >> you are comment is largely right. the republicans have gone along in a bipartisan manner with the idea there has to be revenue. the speaker has put forward a framework in which he agrees there should be $800 billion of revenue on the table. the problem is -- that's only 1/10 of the problem even if you use the cbo's number. if you raise the taxes on the to
and at the even of the date president got millions more in the popular vote than romney because americans think by and large their wealthier neighbors and wealthier americans should be paying a fairer share. it's not fair when you have the wealthiest among us paying a lower effective tax rate. megyn: is the media -- the media has been focused on the tax hikes and whether president obama is going to get them and not focused on spending cuts. is that because the republicans and the president...
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and i was surprised in the campaign that neither the president nor mitt romney actually took that as sort of a bull whip to kind of shape the argument. >> talking like that, that's why you're referred to as former republican national chairman. >> funny. >> there's an interesting, you know, i don't know, third rail option -- i don't think it will come to this -- but there's sort of a -- let's say we go over the cliff. the republicans, you know, do not -- they hold firm. we go over the cliff. then we'll no doubt reinstate the tax cuts on the middle class. so then they could have political cover for actually taking credit for the tax cuts. even though -- of course, we don't want it to come to that. that would destroy the markets, i think. >> oh, yeah. >> do you have any idea of how many times willie and i have taken this particular show over the cliff? >> we did it about 6:01 this morning. lay on the gas. by the way, "the wall street journal" is calling for republicans to call the president's bluff on. we'll get into that later. >>> coming up, in ordford ceo a mulally. also nbc politica
and i was surprised in the campaign that neither the president nor mitt romney actually took that as sort of a bull whip to kind of shape the argument. >> talking like that, that's why you're referred to as former republican national chairman. >> funny. >> there's an interesting, you know, i don't know, third rail option -- i don't think it will come to this -- but there's sort of a -- let's say we go over the cliff. the republicans, you know, do not -- they hold firm. we go...
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she was the deputy campaign manager for the obama-biden ticket suggested that mitt romney might have committed a felony on his tax returns. sunday night, she e-mailed them to reach a fiscal deal. republicans have balked at raising those tax rates. they are identified by marcus at countries job creators. >> for the first time in two decades, they are there will tell revenues go up as part is the plan. but they have to tell us what they're willing to do with revenues. it's definitely very hard for republicans. reporter: earlier you saw the meeting of four congressional leaders on november 16 at the white house. at that time, harry reid spoke of a follow-up session was to be held next week. that never helped happened and the clock ticks on. jenna: we have that clock right on our screen. just in case you forgot. jon: get ready for the baby. just into fox news, prince william and his wife, the former kate middleton, they are expecting. standing in a grocery line, looking at the tabloids, and one of them said she is pregnant. they may be onto something be till they beat the palace on this
she was the deputy campaign manager for the obama-biden ticket suggested that mitt romney might have committed a felony on his tax returns. sunday night, she e-mailed them to reach a fiscal deal. republicans have balked at raising those tax rates. they are identified by marcus at countries job creators. >> for the first time in two decades, they are there will tell revenues go up as part is the plan. but they have to tell us what they're willing to do with revenues. it's definitely very...
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governor mitt romney, we haven't said that in a little while, returning to corporate life, marriott says the former republican presidential nominee is rejoining their board of directors, which he left late last -- early last year i should say. and house speaker john boehner set to light the capitol christmas tree hours from now. the tree is 65 feet high, an engleman spruce from the white river national forest in colorado. beautiful. bill: usually it's jersey. new details about the final hours of jovan belcher apartments life. he spent the night with another woman before going home in the morning fighting with his girlfriend, cassandra perkins and shooting her repeatedly. many people report he was drunk the night before and spent the night at the home of another woman. dr. keith ablow is here. take us through the details. he fell asleep in his car outside the home of another woman, woken by the police inside the car, went inside the building, spent the night there and then in the morning he went home. when he went home is when all this happened. put it together. >> there is a little girl
governor mitt romney, we haven't said that in a little while, returning to corporate life, marriott says the former republican presidential nominee is rejoining their board of directors, which he left late last -- early last year i should say. and house speaker john boehner set to light the capitol christmas tree hours from now. the tree is 65 feet high, an engleman spruce from the white river national forest in colorado. beautiful. bill: usually it's jersey. new details about the final hours...
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mitt romney was a classic example gave away millions and millions of dollars. >> host: what are the objections that benefit the upper income like special low rates for capital gains, dividends, other things that particularly benefit wealthier income? >> guest: the capital gains and dividends break is a classic greek that benefits the very wealthy. if they receive more than 90% of the benefit, certainly people in the middle-class get a little benefit from that break, but overwhelmingly the majority of that goes to the wealthy. >> host: political has history with this tax loopholes alone can't solve the fiscal cliff, even if you dump in the vaguest tax loopholes, they don't come close to closing the deficit. at best the top 10: $834 million a year. john mckinnon, how significant are deductions when we look at their role in the big picture of solving the so-called fiscal cliff? >> guest: they can be really important. the goal is not to get rid of the budget deficit. i don't think anyone who's involved in this process has a realistic hope of getting rid of the budget deficit. that they would love
mitt romney was a classic example gave away millions and millions of dollars. >> host: what are the objections that benefit the upper income like special low rates for capital gains, dividends, other things that particularly benefit wealthier income? >> guest: the capital gains and dividends break is a classic greek that benefits the very wealthy. if they receive more than 90% of the benefit, certainly people in the middle-class get a little benefit from that break, but...